Magellan Midstream currently sports a Zacks Rank #1 (Strong Buy) whereas Occidental Petroleum has a Zacks Rank #3 (Hold). Apart from Magellan Midstream, one can consider oil and gas production pipeline MLPs like Energy Transfer Partners, L.P. (ETP ...
Magellan Midstream Partners, L.P. logo Zacks upgraded shares of Magellan Midstream Partners, L.P. (NYSE:MMP) from a neutral rating to an outperform rating in a research note issued to investors on Wednesday.
Magellan Midstream Partners, LP (MMP) stands out in the MLP crowd for a lot of positive reasons. The company is a large player in refined product distribution, and is expanding its crude oil transportation business.
Next is Magellan Midstream Partners, L.P. (NYSE:MMP), a $19 billion market cap company engaged in the transportation, storage and distribution of refined petroleum products, which also saw Selz trim its exposure over Q2 - by 6%.